Why Facebook Stock Is Headed Higher
Facebook (NASDAQ: FB) is facing criticism for its handling of user-created content on its site. That criticism hit its apex in 2020 when the social media giant found itself smack in the middle of a heated election season. Politicians and large corporations alike are not keen on Facebook's increasing role in people's lives.
In the eyes of the public, the opposite appears to be true as nearly half of the world's population now uses at least one of its applications. During a pandemic when friends, families, and colleagues are social distancing, billions are logging on to Facebook to stay connected. Whether or not there is validity to the claims against Facebook, its stock could be heading higher.
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Source Fool.com
